2020 Q4 Form 8-K Financial Statement

#000162828021008034 Filed on April 29, 2021

View on sec.gov

Income Statement

Concept 2020 Q4 2020 Q1 2019 Q4
Revenue $3.181B $2.802B $3.039B
YoY Change 4.67% 6.22% 7.27%
Cost Of Revenue $1.962B $1.639B $1.714B
YoY Change 14.47% 5.2% 3.88%
Gross Profit $1.191B $1.163B $1.298B
YoY Change -8.24% 7.69% 9.72%
Gross Profit Margin 37.44% 41.51% 42.71%
Selling, General & Admin $600.0M $628.0M $614.0M
YoY Change -2.28% 4.49% -2.07%
% of Gross Profit 50.38% 54.0% 47.3%
Research & Development $129.0M $146.0M $152.0M
YoY Change -15.13% 13.18% -13.14%
% of Gross Profit 10.83% 12.55% 11.71%
Depreciation & Amortization $213.0M $199.0M $209.0M
YoY Change 1.91% 3.65% 12.97%
% of Gross Profit 17.88% 17.11% 16.1%
Operating Expenses $729.0M $774.0M $766.0M
YoY Change -4.83% 6.03% -4.49%
Operating Profit $462.0M $409.0M $532.0M
YoY Change -13.16% 6.79% 36.06%
Interest Expense -$30.00M $30.00M -$13.00M
YoY Change 130.77% 20.0% -159.09%
% of Operating Profit -6.49% 7.33% -2.44%
Other Income/Expense, Net -$10.00M -$10.00M $9.000M
YoY Change -211.11% -147.62% -72.73%
Pretax Income $210.0M $378.0M -$223.0M
YoY Change -194.17% -2.07% -154.0%
Income Tax $39.00M $45.00M -$26.00M
% Of Pretax Income 18.57% 11.9%
Net Earnings $168.0M $332.0M -$23.00M
YoY Change -830.43% -2.92% -107.54%
Net Earnings / Revenue 5.28% 11.85% -0.76%
Basic Earnings Per Share $0.33 $0.65 -$0.05
Diluted Earnings Per Share $0.33 $0.64 -$0.05
COMMON SHARES
Basic Shares Outstanding 510.8M shares 507.0M shares
Diluted Shares Outstanding 516.0M shares

Balance Sheet

Concept 2020 Q4 2020 Q1 2019 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.730B $4.110B $3.335B
YoY Change 11.84% 116.09% 81.45%
Cash & Equivalents $3.730B $4.100B $3.335B
Short-Term Investments
Other Short-Term Assets $342.0M $637.0M $315.0M
YoY Change 8.57% 3.75% -22.03%
Inventory $1.916B $1.694B $1.653B
Prepaid Expenses
Receivables $2.007B $1.892B $1.896B
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $8.411B $8.333B $7.503B
YoY Change 12.1% 37.51% 25.91%
LONG-TERM ASSETS
Property, Plant & Equipment $4.722B $4.340B $4.512B
YoY Change 4.65% -3.04% -0.4%
Goodwill $3.217B $2.961B $3.030B
YoY Change 6.17% 1.09% 0.93%
Intangibles $1.671B $1.759B $1.471B
YoY Change 13.6% 22.15% 4.33%
Long-Term Investments $76.00M
YoY Change 72.73%
Other Assets $1.395B $1.105B $1.069B
YoY Change 30.5% 34.26% 30.53%
Total Long-Term Assets $11.61B $10.74B $10.69B
YoY Change 8.59% 5.51% 9.52%
TOTAL ASSETS
Total Short-Term Assets $8.411B $8.333B $7.503B
Total Long-Term Assets $11.61B $10.74B $10.69B
Total Assets $20.02B $19.08B $18.19B
YoY Change 10.04% 17.45% 15.73%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.043B $2.497B $2.501B
YoY Change -58.3% 0.77% -7.47%
Accrued Expenses $1.884B $101.0M
YoY Change 1765.35%
Deferred Revenue $32.00M
YoY Change
Short-Term Debt $0.00 $221.0M $226.0M
YoY Change -100.0% -72.24% 11200.0%
Long-Term Debt Due $406.0M $315.0M $315.0M
YoY Change 28.89% 15650.0% 15650.0%
Total Short-Term Liabilities $3.333B $3.036B $3.230B
YoY Change 3.19% -7.33% 14.78%
LONG-TERM LIABILITIES
Long-Term Debt $5.786B $5.996B $4.809B
YoY Change 20.32% 73.75% 38.15%
Other Long-Term Liabilities $1.673B $1.827B $1.732B
YoY Change -3.41% 21.48% 11.1%
Total Long-Term Liabilities $1.673B $1.827B $1.732B
YoY Change -3.41% 21.48% 11.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.333B $3.036B $3.230B
Total Long-Term Liabilities $1.673B $1.827B $1.732B
Total Liabilities $11.29B $11.35B $10.28B
YoY Change 9.84% 31.19% 30.9%
SHAREHOLDERS EQUITY
Retained Earnings $16.33B $15.94B $15.72B
YoY Change 3.88% 3.38% 4.27%
Common Stock $6.726B $6.618B $6.638B
YoY Change 1.33% 1.47% 0.87%
Preferred Stock
YoY Change
Treasury Stock (at cost) $11.05B $10.68B $10.76B
YoY Change 2.67% 3.82% 7.76%
Treasury Stock Shares 178.6M shares 175.1M shares 177.3M shares
Shareholders Equity $8.689B $7.699B $7.882B
YoY Change
Total Liabilities & Shareholders Equity $20.02B $19.08B $18.19B
YoY Change 10.04% 17.45% 15.73%

Cashflow Statement

Concept 2020 Q4 2020 Q1 2019 Q4
OPERATING ACTIVITIES
Net Income $168.0M $332.0M -$23.00M
YoY Change -830.43% -2.92% -107.54%
Depreciation, Depletion And Amortization $213.0M $199.0M $209.0M
YoY Change 1.91% 3.65% 12.97%
Cash From Operating Activities $712.0M $272.0M $829.0M
YoY Change -14.11% 112.5% 16.93%
INVESTING ACTIVITIES
Capital Expenditures -$237.0M -$172.0M -$191.0M
YoY Change 24.08% -10.88% -7.28%
Acquisitions $443.0M
YoY Change 306.42%
Other Investing Activities -$27.00M -$11.00M -$230.0M
YoY Change -88.26% 1000.0% 2200.0%
Cash From Investing Activities -$264.0M -$604.0M -$421.0M
YoY Change -37.29% 100.66% 94.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $0.00
YoY Change -100.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.143B $1.170B -116.0M
YoY Change 885.34% 391.6% -92.31%
NET CHANGE
Cash From Operating Activities 712.0M $272.0M 829.0M
Cash From Investing Activities -264.0M -$604.0M -421.0M
Cash From Financing Activities -1.143B $1.170B -116.0M
Net Change In Cash -695.0M $775.0M 292.0M
YoY Change -338.01% 1110.94% -128.77%
FREE CASH FLOW
Cash From Operating Activities $712.0M $272.0M $829.0M
Capital Expenditures -$237.0M -$172.0M -$191.0M
Free Cash Flow $949.0M $444.0M $1.020B
YoY Change -6.96% 38.32% 11.48%

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<div style="margin-top:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-top:6pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. Generally Accepted Accounting Principles (U.S. GAAP) requires us to make estimates and assumptions that affect reported amounts and related disclosures. Actual results could differ from those estimates.</span></div>
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CY2019 us-gaap Finite Lived Intangible Asset Useful Life
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CY2020Q4 us-gaap Inventory Raw Materials
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CY2019Q4 us-gaap Inventory Raw Materials
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CY2020Q4 us-gaap Inventory Work In Process
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196000000 USD
CY2019Q4 us-gaap Inventory Work In Process
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185000000 USD
CY2020Q4 us-gaap Inventory Finished Goods
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1260000000 USD
CY2019Q4 us-gaap Inventory Finished Goods
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1091000000 USD
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CY2019Q4 us-gaap Inventory Net
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CY2020Q4 us-gaap Value Added Tax Receivable Current
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163000000 USD
CY2019Q4 us-gaap Value Added Tax Receivable Current
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140000000 USD
CY2020Q4 us-gaap Prepaid Taxes
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183000000 USD
CY2019Q4 us-gaap Prepaid Taxes
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164000000 USD
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342000000 USD
CY2019Q4 us-gaap Other Assets Current
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315000000 USD
CY2020Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2019Q4 us-gaap Prepaid Expense And Other Assets Current
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CY2020Q4 us-gaap Property Plant And Equipment Gross
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CY2019Q4 us-gaap Property Plant And Equipment Gross
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CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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CY2020Q4 us-gaap Property Plant And Equipment Net
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CY2019Q4 us-gaap Property Plant And Equipment Net
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CY2019 us-gaap Depreciation Nonproduction
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CY2018 us-gaap Depreciation Nonproduction
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CY2020Q4 us-gaap Deferred Income Tax Assets Net
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CY2019Q4 us-gaap Deferred Income Tax Assets Net
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158000000 USD
CY2019Q4 bax Other Long Term Receivables
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163000000 USD
CY2020Q4 us-gaap Contract With Customer Asset Net Noncurrent
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64000000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
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68000000 USD
CY2020Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
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68000000 USD
CY2019Q4 us-gaap Hosting Arrangement Service Contract Implementation Cost Capitalized After Accumulated Amortization
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CY2019Q4 us-gaap Defined Benefit Plan Assets For Plan Benefits Noncurrent
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77000000 USD
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135000000 USD
CY2019Q4 us-gaap Other Long Term Investments
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76000000 USD
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67000000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
64000000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
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1395000000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
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1069000000 USD
CY2020Q4 us-gaap Accounts Payable Trade Current
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1043000000 USD
CY2019Q4 us-gaap Accounts Payable Trade Current
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892000000 USD
CY2020Q4 us-gaap Dividends Payable Current
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125000000 USD
CY2019Q4 us-gaap Dividends Payable Current
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111000000 USD
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415000000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
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456000000 USD
CY2020Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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148000000 USD
CY2019Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current
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113000000 USD
CY2020Q4 us-gaap Restructuring Reserve Current
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92000000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
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83000000 USD
CY2020Q4 bax Accrued Rebates Current
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239000000 USD
CY2019Q4 bax Accrued Rebates Current
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208000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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CY2019Q4 us-gaap Operating Lease Liability Current
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135000000 USD
CY2019Q4 us-gaap Accrued Income Taxes Noncurrent
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CY2020Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
48000000 USD
CY2019Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
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45000000 USD
CY2020Q4 us-gaap Other Accounts Payable And Accrued Liabilities
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CY2019Q4 us-gaap Other Accounts Payable And Accrued Liabilities
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595000000 USD
CY2020Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2927000000 USD
CY2019Q4 us-gaap Accounts Payable And Accrued Liabilities Current
AccountsPayableAndAccruedLiabilitiesCurrent
2689000000 USD
CY2019Q4 us-gaap Other Sundry Liabilities Noncurrent
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108000000 USD
CY2020Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
1214000000 USD
CY2019Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent
1260000000 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
143000000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
192000000 USD
CY2020Q4 bax Long Term Tax Liabilities
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84000000 USD
CY2019Q4 bax Long Term Tax Liabilities
LongTermTaxLiabilities
81000000 USD
CY2020Q4 bax Interest Rate Contract Noncurrent
InterestRateContractNoncurrent
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CY2019Q4 bax Interest Rate Contract Noncurrent
InterestRateContractNoncurrent
52000000 USD
CY2020Q4 us-gaap Litigation Reserve Noncurrent
LitigationReserveNoncurrent
29000000 USD
CY2019Q4 us-gaap Litigation Reserve Noncurrent
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30000000 USD
CY2020Q4 us-gaap Restructuring Reserve Noncurrent
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21000000 USD
CY2019Q4 us-gaap Restructuring Reserve Noncurrent
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9000000 USD
CY2020Q4 us-gaap Other Sundry Liabilities Noncurrent
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182000000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
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1673000000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
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1732000000 USD
CY2020 us-gaap Interest Expense Debt
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162000000 USD
CY2019 us-gaap Interest Expense Debt
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120000000 USD
CY2018 us-gaap Interest Expense Debt
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CY2020 us-gaap Interest Costs Capitalized Adjustment
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CY2019 us-gaap Interest Costs Capitalized Adjustment
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9000000 USD
CY2018 us-gaap Interest Costs Capitalized Adjustment
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CY2020 us-gaap Interest Expense
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CY2019 us-gaap Interest Expense
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CY2018 us-gaap Interest Expense
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CY2020 us-gaap Investment Income Interest
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19000000 USD
CY2019 us-gaap Investment Income Interest
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40000000 USD
CY2018 us-gaap Investment Income Interest
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CY2019 us-gaap Gains Losses On Extinguishment Of Debt
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CY2018 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Interest Income Expense Net
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CY2019 us-gaap Interest Income Expense Net
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CY2018 us-gaap Interest Income Expense Net
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CY2020 us-gaap Foreign Currency Transaction Gain Loss Unrealized
ForeignCurrencyTransactionGainLossUnrealized
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CY2019 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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CY2018 us-gaap Foreign Currency Transaction Gain Loss Unrealized
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14000000 USD
CY2020 us-gaap Investment Income Nonoperating
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CY2019 us-gaap Investment Income Nonoperating
InvestmentIncomeNonoperating
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CY2018 us-gaap Investment Income Nonoperating
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3000000 USD
CY2020 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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0 USD
CY2019 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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0 USD
CY2018 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain
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24000000 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 bax Pension Settlement Charge
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CY2019 bax Pension Settlement Charge
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CY2019 us-gaap Pension And Other Postretirement Benefit Expense
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CY2018 us-gaap Pension And Other Postretirement Benefit Expense
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CY2019 us-gaap Other Nonoperating Gains Losses
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7000000 USD
CY2018 us-gaap Other Nonoperating Gains Losses
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CY2020 us-gaap Other Nonoperating Income Expense
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CY2019 us-gaap Other Nonoperating Income Expense
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CY2018 us-gaap Other Nonoperating Income Expense
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78000000 USD
CY2020 us-gaap Interest Paid Net
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CY2019 us-gaap Interest Paid Net
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CY2018 us-gaap Interest Paid Net
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CY2020 us-gaap Income Taxes Paid
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CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
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CY2018 us-gaap Income Taxes Paid
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301000000 USD
CY2018Q4 us-gaap Goodwill
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3002000000 USD
CY2019 us-gaap Goodwill Acquired During Period
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CY2019 us-gaap Goodwill Purchase Accounting Adjustments
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CY2019 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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CY2019Q4 us-gaap Goodwill
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3030000000 USD
CY2020 us-gaap Goodwill Acquired During Period
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CY2020 us-gaap Goodwill Purchase Accounting Adjustments
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CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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206000000 USD
CY2020Q4 us-gaap Goodwill
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CY2019Q4 us-gaap Intangible Assets Gross Excluding Goodwill
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1475000000 USD
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222000000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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183000000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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169000000 USD
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231000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
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CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
212000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
189000000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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155000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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6192000000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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5124000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Current
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CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
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CY2020Q1 bax Debt Instrument Annual Interest Rate Potential Increase
DebtInstrumentAnnualInterestRatePotentialIncrease
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CY2020Q1 bax Debt Instrument Annual Interest Rate Maximum Additional Interest
DebtInstrumentAnnualInterestRateMaximumAdditionalInterest
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CY2020Q4 bax Debt Instrument Annual Interest Rate Potential Increase
DebtInstrumentAnnualInterestRatePotentialIncrease
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CY2020Q4 bax Debt Instrument Annual Interest Rate Potential Increase
DebtInstrumentAnnualInterestRatePotentialIncrease
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CY2020Q4 bax Debt Instrument Annual Interest Rate Maximum Additional Interest
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CY2020Q4 us-gaap Gains Losses On Extinguishment Of Debt
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CY2020 us-gaap Line Of Credit Facility Commitment Fee Percentage
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CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
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CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
924000000 USD
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LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
740000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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3951000000 USD
CY2020Q4 us-gaap Long Term Debt
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41000000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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6192000000 USD
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CY2019 us-gaap Operating Lease Cost
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CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
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CY2020 us-gaap Finance Lease Interest Expense
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5000000 USD
CY2019 us-gaap Finance Lease Interest Expense
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5000000 USD
CY2020 us-gaap Variable Lease Cost
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54000000 USD
CY2019 us-gaap Variable Lease Cost
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89000000 USD
CY2020 us-gaap Lease Cost
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179000000 USD
CY2019 us-gaap Lease Cost
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220000000 USD
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152000000 USD
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127000000 USD
CY2019 us-gaap Operating Lease Payments
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119000000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
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4000000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
4000000 USD
CY2020 us-gaap Finance Lease Principal Payments
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CY2019 us-gaap Finance Lease Principal Payments
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4000000 USD
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67000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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207000000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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8000000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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0 USD
CY2020Q4 bax Lessee Operating Lease Lease Not Yet Commenced Liability
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46000000 USD
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
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603000000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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608000000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
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111000000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
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101000000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
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501000000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
510000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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612000000 USD
CY2019Q4 us-gaap Operating Lease Liability
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611000000 USD
CY2020Q4 bax Finance Lease Property Plant And Equipment Gross
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76000000 USD
CY2019Q4 bax Finance Lease Property Plant And Equipment Gross
FinanceLeasePropertyPlantAndEquipmentGross
63000000 USD
CY2020Q4 bax Accumulated Depreciation Depletion And Amortization Property Plant And Equipment For Finance Lease
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28000000 USD
CY2019Q4 bax Accumulated Depreciation Depletion And Amortization Property Plant And Equipment For Finance Lease
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipmentForFinanceLease
19000000 USD
CY2020Q4 bax Finance Lease Property Plant And Equipment Net
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48000000 USD
CY2019Q4 bax Finance Lease Property Plant And Equipment Net
FinanceLeasePropertyPlantAndEquipmentNet
44000000 USD
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CY2019Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2020Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
64000000 USD
CY2019Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
54000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
65000000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
54000000 USD
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P9Y
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P10Y
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P13Y
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P15Y
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.022
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.028
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.103
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.106
CY2019 us-gaap Proceeds From Legal Settlements
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39000000 USD
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9000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
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121000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
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9000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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102000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
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8000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
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84000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
8000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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69000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
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8000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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57000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due After Year Five
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78000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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240000000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
120000000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
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673000000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
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55000000 USD
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LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
61000000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
65000000 USD
CY2020Q4 us-gaap Operating Lease Liability
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612000000 USD
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38000000 USD
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SalesTypeLeaseRevenue
35000000 USD
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OperatingLeaseLeaseIncome
84000000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
61000000 USD
CY2020 us-gaap Variable Lease Income
VariableLeaseIncome
80000000 USD
CY2019 us-gaap Variable Lease Income
VariableLeaseIncome
85000000 USD
CY2020 us-gaap Lease Income
LeaseIncome
202000000 USD
CY2019 us-gaap Lease Income
LeaseIncome
181000000 USD
CY2020Q4 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
122000000 USD
CY2019Q4 us-gaap Sales Type Lease Lease Receivable
SalesTypeLeaseLeaseReceivable
110000000 USD
CY2020Q4 us-gaap Sales Type Lease Unguaranteed Residual Asset
SalesTypeLeaseUnguaranteedResidualAsset
12000000 USD
CY2019Q4 us-gaap Sales Type Lease Unguaranteed Residual Asset
SalesTypeLeaseUnguaranteedResidualAsset
11000000 USD
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
134000000 USD
CY2019Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
121000000 USD
CY2020Q4 us-gaap Net Investment In Lease Current
NetInvestmentInLeaseCurrent
39000000 USD
CY2019Q4 us-gaap Net Investment In Lease Current
NetInvestmentInLeaseCurrent
45000000 USD
CY2020Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
95000000 USD
CY2019Q4 us-gaap Net Investment In Lease Noncurrent
NetInvestmentInLeaseNoncurrent
76000000 USD
CY2020Q4 us-gaap Net Investment In Lease
NetInvestmentInLease
134000000 USD
CY2019 us-gaap Gain Loss Related To Litigation Settlement
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37000000 USD
CY2019Q4 us-gaap Net Investment In Lease
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121000000 USD
CY2020Q4 us-gaap Sales Type Lease Net Investment In Lease
SalesTypeLeaseNetInvestmentInLease
134000000 USD
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11000000 USD
CY2017Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
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14000000 USD
CY2018Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received
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35000000 USD
CY2019Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
36000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable
SalesTypeAndDirectFinancingLeasesLeaseReceivable
38000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
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51000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
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85000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
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34000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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76000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
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26000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
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72000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
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17000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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54000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
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4000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
28000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
2000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
7000000 USD
CY2020Q4 us-gaap Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
134000000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
322000000 USD
CY2020Q4 bax Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Imputed Interest
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedImputedInterest
12000000 USD
CY2020Q4 bax Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Present Value Of Minimum Lease Payments
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedPresentValueOfMinimumLeasePayments
122000000 USD
CY2020Q4 us-gaap Litigation Reserve
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40000000 USD
CY2019Q4 us-gaap Litigation Reserve
LitigationReserve
56000000 USD
CY2020Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
0 USD
CY2019Q4 us-gaap Insurance Settlements Receivable
InsuranceSettlementsReceivable
0 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
17000000 shares
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
130000000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
122000000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
115000000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
53000000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
70000000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
61000000 USD
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-27000000 USD
CY2019 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-54000000 USD
CY2018 us-gaap Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Amount
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-40000000 USD
CY2020Q4 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
1
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageExercisePrice
56.57
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
473216000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
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19864000 shares
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.850
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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20344000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
50.99
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
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3895000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
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76.28
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3570000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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42.79
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
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425000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
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73.21
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
48000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExpirationsInPeriodWeightedAverageExercisePrice
41.42
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
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20196000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
56.88
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y1M6D
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.730
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P6Y1M6D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Aggregate Intrinsic Value
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471778000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
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13215000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
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47.70
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P4Y10M24D
CY2020Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
430350000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Number Of Employees Affected
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123 employee
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.955
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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4100000000 USD
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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0.22
CY2020Q1 us-gaap Common Stock Dividends Per Share Declared
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0.22
CY2020Q1 bax Annualized Dividend Payable Amount Per Share
AnnualizedDividendPayableAmountPerShare
0.88
CY2020Q2 bax Annualized Dividend Payable Amount Per Share
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0.88
CY2020Q2 us-gaap Common Stock Dividends Per Share Declared
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0.245
CY2020Q3 us-gaap Common Stock Dividends Per Share Declared
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0.245
CY2020Q2 bax Annualized Dividend Payable Amount Per Share
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0.980
CY2020Q3 bax Annualized Dividend Payable Amount Per Share
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0.980
CY2020Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.245
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2000000000.0 USD
CY2018Q1 bax Stock Repurchase Program Additional Authorized Amount
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1500000000 USD
CY2016Q4 bax Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
1500000000 USD
CY2018Q4 bax Stock Repurchase Program Additional Authorized Amount
StockRepurchaseProgramAdditionalAuthorizedAmount
2000000000.0 USD
CY2020Q4 bax Stock Repurchase Program Additional Authorized Amount
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1500000000 USD
CY2020 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
6300000 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
16500000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
35800000 shares
CY2018 us-gaap Treasury Stock Value Acquired Cost Method
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2500000000 USD
CY2020Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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1900000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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309000000 USD
CY2020 us-gaap Restructuring Charges
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111000000 USD
CY2020 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
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396000000 USD
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CY2019 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
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274000000 USD
CY2020Q4 us-gaap Restructuring And Related Cost Cost Incurred To Date1
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1100000000 USD
CY2020Q4 us-gaap Restructuring And Related Cost Expected Cost1
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14000000 USD
CY2019 us-gaap Restructuring Charges
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134000000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
117000000 USD
CY2020 bax Costs To Implement Business Optimization Programs
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23000000 USD
CY2020 us-gaap Restructuring Charges
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111000000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
134000000 USD
CY2018 us-gaap Restructuring Charges
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117000000 USD
CY2019 bax Costs To Implement Business Optimization Programs
CostsToImplementBusinessOptimizationPrograms
45000000 USD
CY2018 bax Costs To Implement Business Optimization Programs
CostsToImplementBusinessOptimizationPrograms
94000000 USD
CY2020 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
0 USD
CY2019 us-gaap Restructuring Reserve Accelerated Depreciation
RestructuringReserveAcceleratedDepreciation
5000000 USD
CY2018 us-gaap Restructuring Reserve Accelerated Depreciation
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9000000 USD
CY2020 bax Business Optimization Charges Net
BusinessOptimizationChargesNet
134000000 USD
CY2019 bax Business Optimization Charges Net
BusinessOptimizationChargesNet
184000000 USD
CY2018 bax Business Optimization Charges Net
BusinessOptimizationChargesNet
220000000 USD
CY2020 us-gaap Gain Loss On Sale Of Properties
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17000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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3700000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
2920000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
3240000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2047000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2339000000 USD
CY2020Q4 bax Defined Benefit Plan Pension Plans With Projected Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithProjectedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
3421000000 USD
CY2019Q4 bax Defined Benefit Plan Pension Plans With Projected Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithProjectedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
3688000000 USD
CY2020Q4 bax Defined Benefit Plan Pension Plans With Projected Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithProjectedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2387000000 USD
CY2019Q4 bax Defined Benefit Plan Pension Plans With Projected Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithProjectedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
2611000000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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-64000000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
-4000000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
-59000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
567000000 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
OtherComprehensiveIncomeDefinedBenefitPlansNetUnamortizedGainLossArisingDuringPeriodTax
17000000 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
184000000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostsCreditArisingDuringPeriodNetOfTax
22000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
12000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
6000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditTax
14000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
47000000 USD
CY2019 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
25000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
55000000 USD
CY2020 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
11000000 USD
CY2019 us-gaap Other Comprehensive Income Finalization Of Pension And Non Pension Postretirement Plan Valuation Tax
OtherComprehensiveIncomeFinalizationOfPensionAndNonPensionPostretirementPlanValuationTax
188000000 USD
CY2020 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
35000000 USD
CY2018 bax Other Comprehensive Income Defined Benefit Pension Plans Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDefinedBenefitPensionPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
33000000 USD
CY2018 us-gaap Other Comprehensive Income Loss Finalization Of Pension And Non Pension Postretirement Plan Valuation Net Of Tax
OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationNetOfTax
0 USD
CY2020 bax Other Comprehensive Income Defined Benefit Pension Plans Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDefinedBenefitPensionPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
141000000 USD
CY2019 bax Other Comprehensive Income Defined Benefit Pension Plans Adjustment Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDefinedBenefitPensionPlansAdjustmentNetOfTaxPeriodIncreaseDecrease
408000000 USD
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-46000000 USD
CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-755000000 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-1000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Plan Assets Target Allocation Percentage
DefinedBenefitPlanPlanAssetsTargetAllocationPercentage
0.0550
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0.05
CY2020Q4 bax Defined Benefit Plan Fair Value Of Plan Assets And Collateral To Be Paid On Loaned Securities
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3434000000 USD
CY2019Q4 bax Defined Benefit Plan Fair Value Of Plan Assets And Collateral To Be Paid On Loaned Securities
DefinedBenefitPlanFairValueOfPlanAssetsAndCollateralToBePaidOnLoanedSecurities
2973000000 USD
CY2020Q4 bax Defined Benefit Plan Fair Value Of Plan Assets And Collateral To Be Paid On Loaned Securities
DefinedBenefitPlanFairValueOfPlanAssetsAndCollateralToBePaidOnLoanedSecurities
3434000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
4313000000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Percentage
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0.80
CY2020 bax Pension Settlement Offer Acceptance Percentage
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0.40
CY2020 us-gaap Pension Contributions
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252000000 USD
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DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-43000000 USD
CY2019Q4 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements1
DefinedBenefitPlanRecognizedNetGainLossDueToSettlements1
-755000000 USD
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